DeepSeek built a Claude Code rival, then quadrupled its prices
DeepSeek built a Claude Code rival, then quadrupled its prices

Start with the money, because it is the part every developer noticed. From 16 August, a million output tokens through DeepSeek-V4-Pro costs $3.96 at peak, up from $0.87. V4-Flash goes from $0.28 to $1.32, Bloomberg reported. Off-peak rates are half the…

An AI-written article needs no label. Your proofread email gets one
An AI-written article needs no label. Your proofread email gets one

Start with what the mark actually is, because it is not a stamp on the page. When a model writes, it picks each word from a set of reasonable options. A watermark quietly splits those options into two groups using a secret key, then nudges the model to…

SK Hynix is spending $720bn as its shares fall by half
SK Hynix is spending $720bn as its shares fall by half

High-bandwidth memory is the part of an AI system that nobody photographs. It sits next to the processor and feeds it data, and if it is too slow the expensive chip waits. It is made by stacking ordinary DRAM, the same memory that goes into laptops and…

Josh Kushner raised $2bn to buy the companies AI is coming for
Josh Kushner raised $2bn to buy the companies AI is coming for

Almost every AI business sells a product. Someone builds a model or a tool, licenses it, and hopes the customer works out what to do with it. Thrive Holdings inverts that. It buys accounting firms and IT services companies outright, puts its own engine…

CodeRabbit raised $143m to read the code AI wrote
CodeRabbit raised $143m to read the code AI wrote

Code review is the step where somebody reads a change before it ships. A developer proposes an edit, opens what the trade calls a pull request, and a colleague checks it for bugs and security holes. It is slow and unglamorous work. Until recently it wa…

Flock is tightening its rules in response to a growing surveillance backlash

The police-tech giant Flock is announcing today that it will change officers’ access to its nationwide network of license plate readers, in an apparent effort to quell a growing backlash and win back contracts lost amid concerns about mass surveillance and police abuse. Several changes aim directly at a problem that has made recent headlines:…

Europe’s drought is shutting down nuclear reactors
Europe’s drought is shutting down nuclear reactors

Nuclear reactors need water. They sit beside rivers and coastlines for a reason. The water carries heat away from the core. When it runs low or runs warm, the reactor has to power down. That is happening across Europe right now. On Thursday, Romania’s …

Accel raised $3.5bn. Europe now gets the same fund as the US
Accel raised $3.5bn. Europe now gets the same fund as the US

Accel is a venture capital firm. It gives money to startups early, usually before anyone else has, and takes a stake in return. It has done this since 1983, and it wrote the first institutional cheque into Atlassian, CrowdStrike, Flipkart and Slack. On…

Nebius revenue grew 454%. Most of the cash came from customers paying in advance
Nebius revenue grew 454%. Most of the cash came from customers paying in advance

Nebius rents out computing power. It buys Nvidia chips, puts them in data centres, and charges companies to train and run AI models on them. The trade calls this a neocloud. It is based in Amsterdam, listed on Nasdaq, and was spun out of the Russian in…

A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’
A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’

Government software is usually bought by asking several companies to bid. A department writes down what it needs, suppliers compete, and the file records why the winner won. A memo drafted inside the US Defense Department on 4 August did something diff…